A flaming summer is gripping a significant portion of India now, with the country recorded its highest temperature of 50C on Saturday. This hot summer is also boosting optimism of higher earnings for various companies in the fifth-largest stock market in the world. Companies like Varun Beverages, Adani Power, and Voltas are going to have …
TVS Motor Company (TVSM), a global leader in two-wheeler and three-wheeler vehicles, announced the launch of the TVS HLX 125 with 5-gears in Tanzania. This strategic move strengthens TVS Motor’s presence in the vibrant African market, offering Tanzanian riders a powerful yet fuel-efficient motorcycle. Built for Performance and Efficiency The TVS HLX 125 caters to …
Excel Industries Limited, a leading innovator in indigenous chemical technology and sustainable waste management, announced a significant development that underscores its commitment to growth. The company has signed a long-term agreement with a leading multinational company (MNC) to supply a niche chemical. Multi-Year Agreement Secures Revenue Stream This strategic 5-year contract is projected to generate …
On May 27, 2024, Gokaldas Exports Limited released its earnings for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Gokaldas reported a consolidated revenue of ₹818.0 crore for the quarter compared to ₹530.1 crore in Q4 FY2023. It posted a consolidated profit after tax of ₹44.3 crore against ₹47.2 crore in the …
Domestic indices, which started today’s trading session on a notably higher note, later trimmed their initial gains to trade flat. This pattern was also observed in the broader indices. The most affected sectors included energy, oil & gas, power, utilities and auto. At 10:10 am, the BSE Sensex gained 0.13% reaching a level of 75,502. …
On Monday, the benchmark indices were trading in the green with the Sensex up around 120 points or 0.17% at 75,534, while the Nifty-50 was up around 45 points or 0.19% at 23,001. About 1,800 shares have advanced; 1,316 declined and 147 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On May 24, 2024, the Nifty 50 declined 0.05% and closed at 22,957, and the Sensex dropped 0.01%, closing at 75,410. Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Financial Services, Nifty Oil & Gas, and Nifty Bank ended in the green. Meanwhile, Nifty FMCG, Nifty Realty, Nifty Midsmall Healthcare and Nifty …
In Q4FY24, the company exhibited strong financial growth and improved operational efficiency compared to Q4FY23. Despite stagnant revenue from operations, the company saw a remarkable 32% increase in net profit, reaching Rs.3,174 crore. Moreover, EBITDA surged by 23.7%, indicating enhanced profitability and better management of operational costs. The EBITDA margin also saw a significant uptick, …
On May 24, 2024, Aurionpro Solutions Limited informed the stock exchanges that the company’s subsidiary, Aurionpro Transit, has entered into a strategic collaboration with Fime to explore opportunities in transit ticketing, payments, and fare collection projects worldwide. Fime is a leading provider of consulting and testing services for payment systems. Aurionpro Solutions Limited stated that …
Inox Wind Ltd. is an Indian wind energy service provider, headquartered in Noida, India, and a subsidiary of the Inox Group. It manufactures Wind Turbine Generators (WTGs) and provides services such as wind resource assessment, site acquisition, and more. The shares of Inox Wind have cracked down by 10% today as a large block deal …
